Its back again, through 05/30/15, Staples is offering $20 Visa Prepaid card through Easy Rebate, when you make an in-store purchase of $300 or more in Visa gift cards.
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Analysis
A $100 gift card will incur $5.95 in fees and $200 gift card will incur a $6.95 fee. These gift cards can be used anywhere Visa cards are accepted. I suggest buying 2 X $200 visa gift card and you would pay $13.90 in fees and you can make a profit of $6.10. If you have Chase Ink Plus credit card which offers 5X ultimate rewards at Office supply stores you could also earn 2068 points ($413.90 X 5).
I suggest hitting the stores as soon as possible, as the $200 Visa cards tends to run out very soon. If you do not see the cards on the rack, do ask as a store associate as there may be a few cards in the back . If you end up with only $100 Visa cards, you profit drops to $1.15 after the fees.
If you are working towards any minimum spending requirements for a credit card sign up bonus. This could help you achieve your goal quickly without any fees.
You can submit the rebate through Easy Rebates, an easy online process. In my past experience, I have always had good success with these rebates. There is a limit of one rebate per household.
These Visa cards can be unloaded via REDcard or Serve
Seems like, there is a new packaging for the $200 Visa gift cards in some of the staples stores. I can confirm that these visa gift cards work perfectly fine for loading to REDcard or Serve
New Packaging, same features
Conclusion:
Through 05/30, you can get a $20 Prepaid Visa card when you make an in store purchase $300 or more in Visa gift cards. These is a limit of 1 rebate per household.
This promotion may be helpful if you are working towards any minimum spending requirements for a Credit card signup bonus.
Disclaimer: Links mentioned in this post do not earn us any commission.
Editorial Note: Opinions, analysis and any calculations shown are authors alone. Information in this post is not reviewed, approved and endorsed by any airlines, frequent flyer programs or financial institution
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